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Global Laboratory Supplies Market by Equipment (Spectrophotometer & Microarray Equipment, Autoclaves & Sterilizers), by Disposables (Tubes, Masks) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: MD-72752
  • Author: Up Market Research
  • Rating: 4.7
  • Total Reviews: 88
  • No. Of Pages: 239
  • Format:
  • Pub. Date: 2021-10-21
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Summary of the Report

Global laboratory supplies market was valued at USD 30.6 million in 2020. It is expected to grow at a compound annual rate (CAGR of 7.5%) between 2021 and 2028. This market is mainly driven by increased investment and funding in research and development activities in the fields of pharmaceutical and biotechnology. Due to the steady supply of laboratory equipment, the market will continue to grow steadily over the next few years. Research on coronavirus has increased since the Covid-19 pandemic. Labs that were doing research on other diseases before the pandemic were closed. The lockdown's main goal was to prevent close contact between lab workers, which resulted in low lab supply. Stat News reports that many scientists have said that prolonged and extensive shutdowns have had a significant impact on other scientific discoveries. Some initial disruptions resulted in increased workloads for CROs and reduced internal laboratory testing capacity of companies involved in pharmaceutical .

Because of the advancements in chemical and biological research, there is a rising demand for laboratory products. Laboratory disposable products are in high demand due to the increasing number of clinical laboratory tests and life science research. Procurement managers in the healthcare and pharmaceutical sectors will continue to demand constant supplies of laboratory equipment and key laboratory devices.

To conduct research and run tests, laboratories require various equipment. You can find general lab equipment in research and educational labs as well as diagnostic testing in medical laboratories, quality assurance, manufacturing, research & design, and many other areas. Laboratory equipment can speed up analyses, which adds value to the lab by increasing its capacity and allowing for more tests per day. These faster methods can allow for testing to be combined onto smaller instruments, which can lower consumables, maintenance requirements, regulatory documentation, as well as overall costs.

Laboratory capabilities are being enhanced by technology trends. Scientists and technicians can work more efficiently and precisely with innovative technology. Automation, miniaturization, artificial intelligence, and smart technology are all becoming reality, streamlining lab life. Increasing pressure is placed on lab workers to produce results as quickly as possible. Laboratory managers must be agile and fast. Improving the purchasing process is a key factor in increasing efficiency for laboratory managers. Lab suppliers also want to simplify the ordering and product selection processes.

The adoption of laboratory equipment is also being driven by technological advances. Modern laboratory instruments are easy to use thanks to their interfaces. BrandTech Scientific, Inc. provides an electronic pipette that can be operated with touchscreen technology and automatically ejects the tip. The screen functions as a smartphone and allows users to access all functions by simply swiping.

Product Insights

In 2020, the equipment segment held the largest share at over 63.0%. This is due to the high price of equipment, which results in one-time payments for many years. Another technical field is laboratory equipment. The equipment is used to perform experiments, quality control, and process controls. It allows for easy capture and orientation of different categories. It is easy to find the appropriate laboratory equipment, machines, or instruments quickly and systematically.

Laboratory equipment is essential for scientific establishments, such as laboratories and research centers. It can be used to conduct a variety of experiments and tests. These activities are only possible if the equipment is durable, strong, and quality. They provide precise results and increase work efficiency. This creates demand and boosts market growth.

Regional Insights

North America held the largest share, with more than 37.0% for 2020. The largest share of the global market was more than 37.0% in 2020. This can be attributed to the large number of pharmaceutical and biopharmaceutical companies involved in R&D. Research will continue to be attracted by the track record and quality of the firms that have been operating in the region.

Biopharmaceutical is one of the most important sectors for funding research in the region. Many companies are focused on developing new leads and storing large quantities of samples to create demand for their products. A large number of companies are also involved in the development and production of vaccines and therapeutics, which has boosted market growth.

Market Share Insights and Key Companies

Market leaders are creating new products that have advanced technology and features that make it easier to operate samples. It is becoming more common to find smaller, easier-to-use instruments that have built-in connectivity. Double Helix has launched a module that allows 3D visualization at nanoscale of the intracellular and intercellular parts of widefield microscopes. The following are some of the major players in the global laboratory supply market:

  • Bio-Rad Laboratories Inc.

  • Bruker Corporation

  • Danaher Corporation

  • Fujifilm Holdings Corporation (Irvine Scientific Sales Company, Inc.).

  • Agilent Technologies Inc.

  • PerkinElmer Inc.

  • Shimadzu Corporation

  • Thermo Fisher Scientific, Inc.

  • Waters Corporation

Up Market Research published a new report titled “Laboratory Supplies Market research report which is segmented by Equipment (Spectrophotometer & Microarray Equipment, Autoclaves & Sterilizers), by Disposables (Tubes, Masks), By Players/Companies Waters Corporation, Danaher Corporation, Agilent Technologies Inc, Thermo Fisher Scientific Inc, PerkinElmer Inc, Fujifilm Holdings Corporation (Irvine Scientific Sales Company Inc), Bio-Rad Laboratories Inc, Bruker Corporation, Shimadzu Corporation”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report Scope

Report AttributesReport Details
Report TitleLaboratory Supplies Market Research Report
By EquipmentSpectrophotometer & Microarray Equipment, Autoclaves & Sterilizers
By DisposablesTubes, Masks
By CompaniesWaters Corporation, Danaher Corporation, Agilent Technologies Inc, Thermo Fisher Scientific Inc, PerkinElmer Inc, Fujifilm Holdings Corporation (Irvine Scientific Sales Company Inc), Bio-Rad Laboratories Inc, Bruker Corporation, Shimadzu Corporation
Regions CoveredNorth America, Europe, APAC, Latin America, MEA
Base Year2020
Historical Year2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year2028
Number of Pages239
Number of Tables & Figures168
Customization AvailableYes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Laboratory Supplies Industry Outlook

Global Laboratory Supplies Market Report Segments:

The market is segmented by Equipment (Spectrophotometer & Microarray Equipment, Autoclaves & Sterilizers), by Disposables (Tubes, Masks).

Laboratory Supplies Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Laboratory Supplies Market

Overview of the regional outlook of the Laboratory Supplies Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Laboratory Supplies Market Overview

Highlights of The Laboratory Supplies Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Laboratory Supplies Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
        6. By Equipment:

                1. Spectrophotometer & Microarray Equipment

                2. Autoclaves & Sterilizers

        7. By Disposables:

                1. Tubes

                2. Masks

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Laboratory Supplies Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
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  • Product & Brand Management
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Laboratory Supplies Market Trends

Reasons to Purchase the Laboratory Supplies Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laboratory Supplies Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Laboratory Supplies Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Laboratory Supplies Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Laboratory Supplies Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Laboratory Supplies Market Size & Forecast, 2018-2028 
      4.5.1 Laboratory Supplies Market Size and Y-o-Y Growth 
      4.5.2 Laboratory Supplies Market Absolute $ Opportunity 


Chapter 5 Global Laboratory Supplies Market Analysis and Forecast by Equipment
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Equipment
      5.1.2 Basis Point Share (BPS) Analysis by Equipment
      5.1.3 Absolute $ Opportunity Assessment by Equipment
   5.2 Laboratory Supplies Market Size Forecast by Equipment
      5.2.1 Spectrophotometer & Microarray Equipment
      5.2.2 Autoclaves & Sterilizers
   5.3 Market Attractiveness Analysis by Equipment

Chapter 6 Global Laboratory Supplies Market Analysis and Forecast by Disposables
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Disposables
      6.1.2 Basis Point Share (BPS) Analysis by Disposables
      6.1.3 Absolute $ Opportunity Assessment by Disposables
   6.2 Laboratory Supplies Market Size Forecast by Disposables
      6.2.1 Tubes
      6.2.2 Masks
   6.3 Market Attractiveness Analysis by Disposables

Chapter 7 Global Laboratory Supplies Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Laboratory Supplies Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Laboratory Supplies Analysis and Forecast
   9.1 Introduction
   9.2 North America Laboratory Supplies Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Laboratory Supplies Market Size Forecast by Equipment
      9.6.1 Spectrophotometer & Microarray Equipment
      9.6.2 Autoclaves & Sterilizers
   9.7 Basis Point Share (BPS) Analysis by Equipment 
   9.8 Absolute $ Opportunity Assessment by Equipment 
   9.9 Market Attractiveness Analysis by Equipment
   9.10 North America Laboratory Supplies Market Size Forecast by Disposables
      9.10.1 Tubes
      9.10.2 Masks
   9.11 Basis Point Share (BPS) Analysis by Disposables 
   9.12 Absolute $ Opportunity Assessment by Disposables 
   9.13 Market Attractiveness Analysis by Disposables

Chapter 10 Europe Laboratory Supplies Analysis and Forecast
   10.1 Introduction
   10.2 Europe Laboratory Supplies Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Laboratory Supplies Market Size Forecast by Equipment
      10.6.1 Spectrophotometer & Microarray Equipment
      10.6.2 Autoclaves & Sterilizers
   10.7 Basis Point Share (BPS) Analysis by Equipment 
   10.8 Absolute $ Opportunity Assessment by Equipment 
   10.9 Market Attractiveness Analysis by Equipment
   10.10 Europe Laboratory Supplies Market Size Forecast by Disposables
      10.10.1 Tubes
      10.10.2 Masks
   10.11 Basis Point Share (BPS) Analysis by Disposables 
   10.12 Absolute $ Opportunity Assessment by Disposables 
   10.13 Market Attractiveness Analysis by Disposables

Chapter 11 Asia Pacific Laboratory Supplies Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Laboratory Supplies Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Laboratory Supplies Market Size Forecast by Equipment
      11.6.1 Spectrophotometer & Microarray Equipment
      11.6.2 Autoclaves & Sterilizers
   11.7 Basis Point Share (BPS) Analysis by Equipment 
   11.8 Absolute $ Opportunity Assessment by Equipment 
   11.9 Market Attractiveness Analysis by Equipment
   11.10 Asia Pacific Laboratory Supplies Market Size Forecast by Disposables
      11.10.1 Tubes
      11.10.2 Masks
   11.11 Basis Point Share (BPS) Analysis by Disposables 
   11.12 Absolute $ Opportunity Assessment by Disposables 
   11.13 Market Attractiveness Analysis by Disposables

Chapter 12 Latin America Laboratory Supplies Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Laboratory Supplies Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Laboratory Supplies Market Size Forecast by Equipment
      12.6.1 Spectrophotometer & Microarray Equipment
      12.6.2 Autoclaves & Sterilizers
   12.7 Basis Point Share (BPS) Analysis by Equipment 
   12.8 Absolute $ Opportunity Assessment by Equipment 
   12.9 Market Attractiveness Analysis by Equipment
   12.10 Latin America Laboratory Supplies Market Size Forecast by Disposables
      12.10.1 Tubes
      12.10.2 Masks
   12.11 Basis Point Share (BPS) Analysis by Disposables 
   12.12 Absolute $ Opportunity Assessment by Disposables 
   12.13 Market Attractiveness Analysis by Disposables

Chapter 13 Middle East & Africa (MEA) Laboratory Supplies Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Laboratory Supplies Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Laboratory Supplies Market Size Forecast by Equipment
      13.6.1 Spectrophotometer & Microarray Equipment
      13.6.2 Autoclaves & Sterilizers
   13.7 Basis Point Share (BPS) Analysis by Equipment 
   13.8 Absolute $ Opportunity Assessment by Equipment 
   13.9 Market Attractiveness Analysis by Equipment
   13.10 Middle East & Africa (MEA) Laboratory Supplies Market Size Forecast by Disposables
      13.10.1 Tubes
      13.10.2 Masks
   13.11 Basis Point Share (BPS) Analysis by Disposables 
   13.12 Absolute $ Opportunity Assessment by Disposables 
   13.13 Market Attractiveness Analysis by Disposables

Chapter 14 Competition Landscape 
   14.1 Laboratory Supplies Market: Competitive Dashboard
   14.2 Global Laboratory Supplies Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Waters Corporation
      14.3.2 Danaher Corporation
      14.3.3 Agilent Technologies Inc
      14.3.4 Thermo Fisher Scientific Inc
      14.3.5 PerkinElmer Inc
      14.3.6 Fujifilm Holdings Corporation (Irvine Scientific Sales Company Inc)
      14.3.7 Bio-Rad Laboratories Inc
      14.3.8 Bruker Corporation
      14.3.9 Shimadzu Corporation
Segments Covered in the Report
The global Laboratory Supplies market has been segmented based on

By Equipment
  • Spectrophotometer & Microarray Equipment
  • Autoclaves & Sterilizers
By Disposables
  • Tubes
  • Masks
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Waters Corporation
  • Danaher Corporation
  • Agilent Technologies Inc
  • Thermo Fisher Scientific Inc
  • PerkinElmer Inc
  • Fujifilm Holdings Corporation (Irvine Scientific Sales Company Inc)
  • Bio-Rad Laboratories Inc
  • Bruker Corporation
  • Shimadzu Corporation

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